IRIS Accounts Production v23.2.0.158 08521612 Board of Directors Board of Directors 1.6.22 31.5.23 31.5.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh085216122022-05-31085216122023-05-31085216122022-06-012023-05-31085216122021-05-31085216122021-06-012022-05-31085216122022-05-3108521612ns10:Originalns15:EnglandWales2022-06-012023-05-3108521612ns14:PoundSterlingns10:Original2022-06-012023-05-3108521612ns10:Originalns10:Director12022-06-012023-05-3108521612ns10:Original2022-06-012023-05-3108521612ns10:Originalns10:Director22022-06-012023-05-3108521612ns10:Original2023-05-3108521612ns10:Originalns10:PrivateLimitedCompanyLtd2022-06-012023-05-3108521612ns10:Originalns10:SmallEntities2022-06-012023-05-3108521612ns10:Originalns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3108521612ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3108521612ns10:SmallCompaniesRegimeForAccountsns10:Original2022-06-012023-05-3108521612ns10:Originalns10:FullAccounts2022-06-012023-05-3108521612ns10:Original12022-06-012023-05-3108521612ns10:CompanySecretary1ns10:Original2022-06-012023-05-3108521612ns10:Originalns10:RegisteredOffice2022-06-012023-05-3108521612ns10:Original2022-05-3108521612ns10:Originalns5:CurrentFinancialInstruments2023-05-3108521612ns10:Originalns5:CurrentFinancialInstruments2022-05-3108521612ns10:Originalns5:Non-currentFinancialInstruments2023-05-3108521612ns10:Originalns5:Non-currentFinancialInstruments2022-05-3108521612ns5:ShareCapitalns10:Original2023-05-3108521612ns5:ShareCapitalns10:Original2022-05-3108521612ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-05-3108521612ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-05-3108521612ns10:Originalns5:NetGoodwill2022-06-012023-05-3108521612ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-06-012023-05-3108521612ns10:Originalns5:PlantMachinery2022-06-012023-05-3108521612ns10:Original2021-06-012022-05-3108521612ns10:Originalns5:NetGoodwill2022-05-3108521612ns10:Originalns5:NetGoodwill2023-05-3108521612ns10:Originalns5:NetGoodwill2022-05-3108521612ns10:Originalns5:PlantMachinery2022-05-3108521612ns10:Originalns5:FurnitureFittings2022-05-3108521612ns10:Originalns5:MotorVehicles2022-05-3108521612ns10:Originalns5:ComputerEquipment2022-05-3108521612ns10:Original2022-05-3108521612ns10:Originalns5:FurnitureFittings2022-06-012023-05-3108521612ns10:Originalns5:MotorVehicles2022-06-012023-05-3108521612ns10:Originalns5:ComputerEquipment2022-06-012023-05-3108521612ns10:Originalns5:PlantMachinery2023-05-3108521612ns10:Originalns5:FurnitureFittings2023-05-3108521612ns10:Originalns5:MotorVehicles2023-05-3108521612ns10:Originalns5:ComputerEquipment2023-05-3108521612ns10:Originalns5:PlantMachinery2022-05-3108521612ns10:Originalns5:FurnitureFittings2022-05-3108521612ns10:Originalns5:MotorVehicles2022-05-3108521612ns10:Originalns5:ComputerEquipment2022-05-3108521612ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3108521612ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-05-31
REGISTERED NUMBER: 08521612 (England and Wales)















H B DAVENPORT LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023






H B DAVENPORT LTD (REGISTERED NUMBER: 08521612)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 MAY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


H B DAVENPORT LTD

COMPANY INFORMATION
for the Year Ended 31 MAY 2023







DIRECTORS: Mrs E Davenport
E B Davenport





SECRETARY:





REGISTERED OFFICE: Hafod y Morfa
Llanelltyd
Dolgellau
Gwynedd
LL40 2TB





REGISTERED NUMBER: 08521612 (England and Wales)





ACCOUNTANTS: E W Owen & Co
Glyndwr Buildings
Glyndwr Street
Dolgellau
Gwynedd
LL40 1BB

H B DAVENPORT LTD (REGISTERED NUMBER: 08521612)

BALANCE SHEET
31 MAY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 105,000 105,000
Tangible assets 5 144,972 129,133
249,972 234,133

CURRENT ASSETS
Stocks 12,800 12,000
Debtors 6 136,980 127,076
Cash at bank 57,067 141,613
206,847 280,689
CREDITORS
Amounts falling due within one year 7 112,369 142,924
NET CURRENT ASSETS 94,478 137,765
TOTAL ASSETS LESS CURRENT
LIABILITIES

344,450

371,898

CREDITORS
Amounts falling due after more than one
year

8

(22,775

)

(30,074

)

PROVISIONS FOR LIABILITIES (27,358 ) (24,535 )
NET ASSETS 294,317 317,289

CAPITAL AND RESERVES
Called up share capital 21 21
Retained earnings 294,296 317,268
SHAREHOLDERS' FUNDS 294,317 317,289

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

H B DAVENPORT LTD (REGISTERED NUMBER: 08521612)

BALANCE SHEET - continued
31 MAY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 February 2024 and were signed on its behalf by:




Mrs E Davenport - Director



E B Davenport - Director


H B DAVENPORT LTD (REGISTERED NUMBER: 08521612)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 MAY 2023


1. STATUTORY INFORMATION

H B Davenport Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance and 10% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

H B DAVENPORT LTD (REGISTERED NUMBER: 08521612)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MAY 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2022
and 31 May 2023 105,000
NET BOOK VALUE
At 31 May 2023 105,000
At 31 May 2022 105,000

5. TANGIBLE FIXED ASSETS
Plant and Office Motor Computer
machinery equipment vehicles equipment Totals
£    £    £    £    £   
COST
At 1 June 2022 92,940 9,879 145,350 3,718 251,887
Additions 5,074 - 36,369 - 41,443
At 31 May 2023 98,014 9,879 181,719 3,718 293,330
DEPRECIATION
At 1 June 2022 17,172 5,599 97,489 2,494 122,754
Charge for year 8,085 428 16,846 245 25,604
At 31 May 2023 25,257 6,027 114,335 2,739 148,358
NET BOOK VALUE
At 31 May 2023 72,757 3,852 67,384 979 144,972
At 31 May 2022 75,768 4,280 47,861 1,224 129,133

H B DAVENPORT LTD (REGISTERED NUMBER: 08521612)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MAY 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 117,735 115,947
Other debtors 19,245 11,129
136,980 127,076

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 64,167 86,167
Trade creditors 12,674 15,428
Taxation and social security 18,369 23,907
Other creditors 17,159 17,422
112,369 142,924

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 22,775 30,074

Amounts falling due in more than five years:

Repayable by instalments
Hire purchase 22,775 30,074